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Newsletter 350 - 09/09/2022
products and energy bills, but the fiscal space is limited and this is set to be reflected in the scope... Androulakis. Energy is set to absorb the lion’s share of spending. Finance Minister Christos Staïkouras put the total amount earmarked for this year at 10 billion euros, with other sources placing
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Newsletter 234 -10/01/2020
. The possibility of Greece joining the US F-35 fighter jet programme was set to be one of the issues... fall of 829 million euros, bringing the total figure to 1.10 billion euros. The equivalent figure...), where the total fell by 542 million euros YoY and came to 1.25 billion euros against 1.79 billion
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The allocation of labor resources in Greece and the EU-27
Agorathat the private sector is the engine of growth in a modern economy, and the public sector plays... driving this process is the political system. This leads us to Figure 3 (above). Figure 3 shows which.... But this belief is not backed-up by the reality on the ground. Figure 3 shows that ND increased employment
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Where is Odysseus? Part 5 - Productivity
AgoraAs in our previous four monthly blogs, we continue to trace the progress of modern-day Odysseus... calculate the path for real GDP per person employed. That is average labor productivity. Figure 3 presents... productivity (in most countries), whereas the private sector tends to have higher productivity.[3] Thus
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Where is Odysseus? Part 6 - Potential real GDP
AgoraAs in our previous five monthly blogs, we continue to trace the progress of modern-day Odysseus... growth of 0.6 percent a year in the 2022 calculations[3], compares with a potential real GDP growth..., as explained below. [3] Potential growth rates of 0.6 percent a year does not mean that Greece could
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeprivatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under..., with gross financing needs remaining well below the 15 percent limit set by the IMF. Under the third... with a potential IMF tranche of 3.5 billion, bringing the total amount that could be disbursed to Greece
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeof the total set of milestones will unlock the disbursement of 10.3 billion euros in two tranches. The first instalment, amounting to 7.5 billion, is due in June after the implementation of 3 outstanding.... The Greek Finance Ministry said that from the total disbursement amount one third (3.5 billion
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Newsletter 407 - 12/01/2024
to pass will allow foreign universities to set up local branches, rather than allowing private.... Mitsotakis needs a simple majority of 120 votes in favour out of those present, from a total 300... started to moderate at the end of 2022 and for most of 2023, Greece’s headline inflation dropped to 3
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Gov't offers improved terms to farmers in bid to break deadlock
Economy, Tsipras presented to farmers a set of social insurance and tax measures that aim to ease some of the burden placed on them by the original plan set out by the government. Among the new measures presented... for all insured. 3) Farmers for whom farming is their main job will have the option to choose a lower
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Bill for out-of-court workout ready but may need tweaks
EconomyProgrammeThe Development Ministry has tabled for public consultation until March 3 the draft law on the out... in the mechanism if their total debt (tax, contributions and bank loans) exceeds the 20,000-euro mark. The institutions had requested this threshold to be set at 50,000 euros. The government proposes
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